How to Repay a Reverse Mortgage After Death
If you are the heir to a borrower who has a reverse mortgage who has passed, here are the steps we recommend you follow:
 

Time to Payoff Reverse Mortgage

 
Generally you will have up to 6 months to refinance the reverse mortgage into a loan of your own, or up to 12 months to sell. (Each 3 months requires an extension by the loan servicer.)

Step 1.

Locate the last reverse mortgage statement.  We have guidance here for how you can read the statement, so you know what you are dealing with.